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EFG-Hermes Said to Join Credit Suisse in U.A.E. Job Cuts

EFG-Hermes Holding SAE, the biggest publicly traded Arab investment bank, is joining larger banks such as Credit Suisse Group AG in cutting jobs in the United Arab Emirates amid a drop in volumes and share sales. Dubai’s top ranking brokerage is letting at least seven people go at its U.A.E….

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